Oil futures jumped Wednesday, setting prices for the U.S. benchmark up for their highest finish in more than three years after unconfirmed reports that Saudi Arabia has intercepted a missile over Riyadh. The news appeared to surface shortly after a U.S. government report revealed a bigger-than-expected weekly rise in domestic crude supplies. May West Texas Intermediate crude CLK8, +2.18% rose $1.58, or 2.4%, to $67.09 a barrel on the New York Mercantile Exchange. June Brent crude LCOM8, +1.65% added $1.56, or 2.2%, to $72.60 a barrel on ICE Futures Europe.
Read the full story: Oil prices rise to 3-year high as traders focus on Middle East tensions